Today let's talk about how Succinct aims to create an underlying engine for a full-chain proof network. I have been following this project for a long time, so let me analyze it for everyone.
As zero-knowledge proofs (ZK) gradually transition from technical prototypes to practical applications, developers face a new problem: ZK is undoubtedly the future, but why is it still so difficult to use?
Succinct's answer is to turn the act of 'using ZK' into an infrastructure service —
they have built a global ZK network: Succinct Prover Network (SPN), providing unified ZK proof capabilities for developers, chains, Rollups, AI models, and more.
The nodes of this network consist of global GPU devices, generating proofs upon receiving orders and earning incentives; the task publishers (including Ethereum mainnet, L2, cross-chain bridges, Web2 projects, etc.) do not need to build their own proof systems, they just need to call the network.
The core token here is $PROVE , and nodes must stake $PROVE to participate in task distribution.
All on-chain and off-chain ZK demands could potentially settle in the staking pool of $PROVE .
In comparison, the revenue from Rollup projects comes only from transaction fees on their own chains, while $PROVE captures the entire ZK demand of Web3 (and even Web2), playing a role similar to 'oil' in the ZK application field.
This model also means that Succinct is not creating a single-chain ZK application but is providing ZK capabilities for the entire ecosystem, just as Ethereum once turned smart contracts into standard tools.
The lineup behind Succinct is also quite impressive.
After two consecutive funding rounds led by Paradigm, they have raised over $55M in total.
Investors include Bankless, Standard Crypto, Polygon co-founders, early investors in Twitter, and others.
If L2 is the answer to scaling Ethereum, then what Succinct aims to solve is how to make ZK a universal capability that everyone can use and be available across all chains.
And $PROVE is the underlying fuel that connects all of this, potentially igniting the market.
#ZK技术 #wbe3基建 #PROVE
